Senior Associate – Payment Systems Supervision
Department: PSR - Payment Systems Market Interventions
Salary: National (Edinburgh and Leeds) ranging from £53,800 to £62,733 and London from £59,200 to £69,000 (salary offered will be based on skills and experience)
Grade: Senior Associate - Regulatory - PSR
Role Responsibilities
- Managing the active supervisory relationship with one or more payment system operators designated to the PSR’s oversight
- Contributing to the development and continuous improvement of the PSR’s supervisory approach, including by identifying emerging risks, lessons learned and opportunities to enhance effectiveness
- Building a clear understanding of supervised firms, including their operating environments, business strategies and governance arrangements
- Using this understanding to contribute to robust regulatory assessment and the delivery of improved outcomes for users of payment systems
- Building effective working relationships with key internal stakeholders and teams whose work is material to supervision
- Contributing to FCA consolidation planning and approach to supervision post legal cutover
- Promoting a culture of collaboration, inclusion and learning within the Supervision team, acting as a role model for PSR values and behaviours
Skills Required
Minimum:
- Relevant experience in casework, compliance and/or stakeholder relationship management roles within a supervisory, monitoring or regulatory environment
- Experience operating in a role requiring significant internal and external engagement or influence
- Ability to analyse complex information, identify key issues and produce clear, well-reasoned written outputs including recommendations
Essential:
- A demonstrable understanding of supervision and the role it plays in delivering effective and proportionate regulation
- Casework experience, gained through a compliance or supervisory function
- Experience developing and maintaining strong, effective relationships, with the ability to influence, negotiate and collaborate across organisations
- Ability to communicate clearly and persuasively, both verbally and in writing, on complex issues
- Evidence of sound judgement, decision making capability and resilience when faced with difficulty
- A proactive and organised approach to work, with the ability to prioritise effectively and manage competing demands
- Effective project management and planning skills, including the ability to meet expected standards and deadlines
Benefits
- 25 days annual leave plus bank holidays
- Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
- Private healthcare with Bupa, income protection and 24/7 Employee Assistance
- 35 hours of paid volunteering annually
- Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
- A flexible benefits scheme designed around your lifestyle
